[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion] Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao

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• 2026.07.02 09:48
• [The Pinglu Canal is currently undergoing water supply and commissioning]
• On June 30, 2026, the press conference of the State Council Information Office revealed that the Pinglu Canal has been basically completed and the entire line is open to water. The commissioning of ship locks is being promoted, and landmark water transport projects such as the Three Gorges Water Transport New Channel are accelerating.Editor/Gao Xue

• 2026.07.02 09:46
• [Indian company invites Chinese enterprises to jointly build aluminum factory]
• On June 30, 2026, NALCO in India disclosed a 21.5 billion yuan expansion of a 500000 ton electrolytic aluminum project and plans to invite Chinese enterprises such as Guiyang Institute and China Aluminum to participate in technical cooperation.Editor/Gao Xue